Mexico's Wal-Mart de Mexico , the country's biggest retailer, posted a 69.7 percent rise in third-quarter net profit on Tuesday, helped by stronger sales and its divestment of a clothing chain. The company ...

Mexican glassmaker Vitro said on Friday it had obtained a 7-year loan worth $500 million to cover part of its planned acquisition of the flat glass unit of U.S. company PPG. In a statement on Friday, the company said it had contracted the loan with Inbursa, the bank controlled by billionaire telecoms tycoon Carlos Slim, and would finance the remainder of the acquisition from its own funds.

Spanish lender Caixabank said on Thursday it was selling stakes in Bank of East Asia and Mexico's Inbursa to its holding company Criteria in a 2.65 billion euro ($2.90 billion) deal to free up capital. Criteria Caixa will pay for most of the transaction in Caixabank shares - equivalent to 9.9 percent of Caixabank's capital, or 2 billion euros - and will at the same time reduce its holding in Caixabank to 52 percent from 56.8 percent. Caixabank is selling its entire 9.01 percent stake in Inbursa to Criteria, as well as its 17.24 percent holding in Bank of East Asia.